WASHINGTON (AP) -- President Barack Obama says he is prepared to do "tough things" for a "fiscal cliff" deal and says there is no reason for the talks to fail.
The president said he remains optimistic that a deal can be done, even though talks have reached a standstill.
Negotiations between the White House and Boehner's office on a deal to raise revenue and cut spending have stalled since House Speaker John Boehner decided to seek a vote in the House on a narrow bill that would raise taxes on taxpayers earning more than $1 million.
Obama has proposed raising the top tax rate for those earning more than $400,000 along with savings and spending cuts of $1.2 trillion.
KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.